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UNO [17]
3 years ago
14

Unlike a product/service differentiation competitive strategy, a niche strategy:

Business
1 answer:
inysia [295]3 years ago
4 0

<span>A niche strategy has competitive advantages, such as it is suitable for small companies with limited resources. It can be used in a limited geographic area and product line is focused on a specific product. In contrast, with </span><span>product/service differentiation, there is a big difference, in which, there is a strong dealer networks, consistent product reliability, with credible image and various brands name and services.</span>

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if you are interested in a career in the hospitality industry, it is important that you enjoy the following:
Nezavi [6.7K]

if you are interested in a career in the hospitality industry, it is important that you enjoy the following:

  • working with people
  • an upbeat work environment
  • traveling
  • opportunity for growth and career advancement.

<h3>What are pros and cons of working in hospitality industry?</h3>

Pros -

  • Opportunities for Many Benefits, Not a 9-to-5 Job, Diverse Jobs that Travel
  • It is dynamic, ever-evolving, and collaborative.

Cons -

  • a worldwide industry-wide five-day workweek. Employee happiness leads directly to better service, which will surely have long-term benefits.
  • Weekend work is compensated in addition to the regular weekend off.
  • using technology more effectively to forecast the requirement for personnel during peak season
  • Depending on its practicality, automation at the front desk and in restaurants during peak hours

To learn more about hospitality from given link

brainly.com/question/618712

#SPJ4

7 0
1 year ago
Consider the following statement about real options: Decision tree analysis is more commonly used in valuing securities than rea
maksim [4K]

Answer:

Flexibility option

Explanation:

False: It can be used equally for both.

Firms often have an option to vary inputs to the production or change the output from production. Such options are known as flexible production options.\  real option to expand.

7 0
3 years ago
Standard Direct Materials Cost per Unit from Variance Data The following data relating to direct materials cost for October of t
statuscvo [17]

Answer:

The standard cost is $5 per lbs

each units uses 2 lbs, so the unit stadard cost is $10

Explanation:

Volume variance

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: efficiency \: variance

std quantity                   2800.00  (1,400 units times 2 pounds per unit)

actual quantity           3000.00

std cost                                     ??

(2,800-3,000) \times standard \: cost = -1,000

difference                     -200.00

efficiency variance        $(1,000.00)

-200 x Std cost = -1,000

Standard cost = -1,000/-200 = 5

The standard cost is $5 per lbs

each units uses 2 lbs, so the unit stadard cost is $10

3 0
3 years ago
The corporate charter of Luney Corporation allows the issuance of a maximum of 100,000 shares of common stock. During its first
kakasveta [241]

Answer:

Luney Corporation is authorized to sell 100000 shares

luney has issued =  70000 shares

luney has shares outstanding 63000

Explanation:

given data

maximum shares of common stock = 100,000

sold shares =  70,000

reacquired = 7,000

solution

we know here 100000 shares are mention in charter of the company

so Luney Corporation is authorized to sell 100000 shares

and  luney has issued =  70000 shares

so here  

we know that

luney has shares outstanding  = 70000 - 7000

luney has shares outstanding 63000

7 0
3 years ago
The selection of an appropriate inventory cost flow assumption for an individual company is made by
Butoxors [25]

Answer: Management

Explanation:

The management is one of the type of organization that manage the various types of business activities for the purpose of achieving the goals and the following are some main function of the management are as follows:  

  • Controlling the system
  • Planning the overall function
  • Organizing

 According to the given question, the selection of the inventory cost flow in the system by the company then it is known as the management as it handles all the inventory business of the various types of products and the services in the management.

  Therefore, Management is the correct answer.  

3 0
2 years ago
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